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China’s CPI inflation arrives at 0.1% YoY in June vs. 0% expected

China’s Consumer Price Index (CPI) rose at an annual pace of 0.1% in June after declining 0.1% in May, the National Bureau of Statistics of China reported on Wednesday. The market consensus was for 0% in the reported period.

China’s Producer Price Index (PPI) fell 3.6% YoY in June, following a 3.3% decline in May. The data came in lower than the market consensus of 3.2%.  


More to come....

China Consumer Price Index (MoM) registered at -0.1%, below expectations (0%) in June

China Consumer Price Index (MoM) registered at -0.1%, below expectations (0%) in June
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US Dollar Index edges higher above 97.50 ahead of FOMC Minutes

The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, edges higher to near 97.55 during the Asian trading hours on Wednesday. The release of the FOMC Minutes will be in the spotlight later on Wednesday. 
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